Masternode is a server on a decentralized network. It is utilized to complete unique functions in ways ordinary nodes can’t. It can be used for features like direct send/instant transactions or private transactions. Because of their increased capabilities, masternodes typically require a sizable investment in order to run. But this is where incentivization comes into play, as masternode operators are rewarded by earning portions of block rewards in whatever given cryptocurrency they’re facilitating.
Masternode are servers that run a primary node in the Struena network.
What Is Struena?
Struena is a groundbreaking crypto that is community built. It includes features such as masternodes and decentralized marketplace and exchange. Their network is inspired by Ethereum and is based on Ethash. It is a community built open source project which allows everyone to contribute.
The wallet is available for download on Windows, Mac, and Linux.
Struena STR Token Masternode
Masternodes relays transactions across networks and helps secure the Struena community. The block reward is distributed as 8+1+1 STR, that is 8 STR for miners, 1 STR for Masternodes and 1 STR for Struena dev and foundation. Their masternodes require 10.000 STR as collateral and a server with static public IP address. Their Block Time is 13 seconds.
There are numerous benefits of the masternodes, some of them are:
- Share the block reward: Earn a share of the Masternode block reward.
- Helps the community: Masternodes helps secure the Struena community.
- Relay transactions: Relay transactions across the Struena network.
- Improve decentralization: Masternodes improve the decentralization of the Struena network.
What Does The Future Hold For Struena?
They want to achieve a lot of things in a small time. Starting from the second quarter of 2018, they are planning the launch and release of Struena CLI, Struena Wallet, and Struena block Explorer. In the third quarter of 2018, the Masternode CLI will be in Beta state and anyone who meets the requirements for running a masternode can participate in the beta program. In the fourth quarter of 2018, the marketplace and exchange will be in Beta state.
Struena is a project in its infancy. Lots of things, such as the Whitepaper or the details to setup a masternode are still pending. However, their Minimum Viable Product(MVP) is available to be downloaded as a desktop application.
You can try their product or learn more about the project on their website struena.org/